cost

(redirected from Cost estimate)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Encyclopedia.

cost

Managed care Any input, both direct and indirect, required to produce an intervention See Adjusted average per capita cost, Administrative cost, Average cost, Average cost per claim, Capital cost, Consumable cost, Direct cost, Fixed cost, Health care cost, Incremental cost, Indirect cost, Intangible cost, Marginal cost, Sunk cost, Variable cost. Cf Price Lab medicine The money expended by a provider to produce goods or services.
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.

cost

(kawst)
That amount of money, time, labor, or other expense required to gain possession of something or to attain a goal.
[L. consto, to be fixed]
Medical Dictionary for the Health Professions and Nursing © Farlex 2012

Patient discussion about cost

Q. How much do veneers cost?

A. Well thank you tzfanya but i was not going to go abroad. I was able to find a United States based price comparison engine that does almost the same thing. http://www.smarthealthbuyer.com it works pretty good i just got my veneers. So for anyone else looking for average prices in the US i would recommend it.

Q. where do I find help with the cost of heart meds

A. I found a website with tips on how to reduce the costs of your heart meds:
http://www.aolhealth.com/medical-myths/are-you-paying-too-much-for-your-heart-medications

Q. what is an ABR test? and how much does it cost?

A. ABR, or Auditory brainstem response, is a test of the hearing, from the ears to the brainstem that can be conducted without the cooperation of the patient. As such, it's useful in babies and others who can't cooperate.

It basically consists of playing sounds to the patient and recording the electrical waves of the brain. It's generally safe and painless.

You may read more here: http://en.wikipedia.org/wiki/Auditory_brainstem_response

More discussions about cost
This content is provided by iMedix and is subject to iMedix Terms. The Questions and Answers are not endorsed or recommended and are made available by patients, not doctors.
References in periodicals archive ?
Assuming an average gold price of $1,400 per ounce for the second half of 2019 and achievement of current sales volume and cost estimates, unit net cash costs (including gold and silver credits) for PT-FI are expected to approximate $1.55 per pound of copper for the year 2019, (including $1.14 per pound of copper for the second half of 2019).
DoD has developed structured methodology and procurement dynamics in creating an IGCE or cost estimate. A cost and price analyst can use various cost estimating methods or tools, depending on the product or service needed.
As shown in Figure 5, the average absolute error for model-corrected estimates was 27%, representing a 19% reduction in the average absolute cost estimate error, across all programs.
Significant investment decisions will be made based on the megaproject cost estimate. Decisionmakers and managers will rely on an impartial and objective assessment of costs prior to making decisions.
For individuals who lack a background in the construction industry, this is probably the most difficult aspect of the project cost estimate. Fortunately, the published guides mentioned earlier provide data on the cost of installing standard construction items.
As seen in Table 2, the correlation between the percent of large projects' overruns and the percentage of those for which a cost estimate is prepared during an initial project proposal stage was negative (as expected) and statistically significant at the 0.05 leve.
Rather than unknowingly starting a system development effort with an optimistic cost estimate and later dealing with an overrun, the risk-driven contract structure should bring more realism to the initial affordability assessment.
So, while the bottom-line numbers given by a cost estimate are necessary to adequately resource a program, in my experience, the most important information that cost estimates provide senior decision makers are insights into the program's risks and cost drivers.
The handbook emphasizes that cost estimates need to be conducted using standard, repeatable processes in order to achieve better quality control and leverage lessons learned.
As Director, NCG, I prepared independent cost estimates for major NRO programs, long-range planning cost estimates for corporate-level programming and budgeting exercises, and program office cost estimates for affordability assessments, preacquisition, source selections, and estimates-at-completion.
Recommendation: To improve the reliability of cost estimates of the ARP projects, the Secretary of Transportation should direct the SLSDC Administrator to develop a cost-estimating process that follows best practices to better ensure that its estimates are comprehensive, well documented, accurate, and credible.
EVM data also feed back into the cost estimate when actual contractor labor, material, overhead, and subcontract costs replace and improve on earlier analogy, parametric, and engineering estimates used in the program cost estimate.

Full browser ?